Associate Director, Economic Modeling
About The Position
Johnson & Johnson is seeking an Associate Director, Economic Modeling, for Innovative Medicine’s Scientific Evidence & Policy Research organization in Titusville, New Jersey. The role will enhance economic modeling capabilities by designing and delivering rigorous analytics that address business questions and by championing best-in-class modeling methods. The Associate Director will work with Real World Analytics and Research teams and stakeholders across Scientific Affairs, Medical Affairs, New Products & Business Development, the Strategic Customer Group, Global Health Economic Modeling, and other functions. The position leads and executes economic modeling plans, applying computational methods for economic modeling and predictive analytics while maintaining high technical, scientific, and methodological standards. Activities may include developing the US economic modeling strategy across therapeutic areas; monitoring developments in modeling methods and standards; conducting early modeling to inform development strategy; contributing to global core models; and developing local model adaptations and budget impact tools. The role also supports payer methodology and portfolio value assessment, clinical development decisions, policy evaluations, model communication, and internal and external thought leadership.
Requirements
- Master’s degree in health economics or a related relevant discipline.
- At least 6 years of relevant prior work experience, or at least 4 years with a doctorate degree.
- Experience developing health economic models.
- Experience working with consumers of health economic information.
- Statistical skills, particularly in advanced survival analyses.
- Self-motivation, initiative, and ability to meet deadlines.
- Scientific leadership and project management experience.
- Strong written and oral communication skills.
- Strong project management skills.
Nice To Haves
- Doctorate degree (PhD).
- Experience using Visual Basic and software such as TreeAge Pro, R, SAS, Stata, SPSS, or WinBUGS for model development and data analysis.
- Academic training and industry or payer experience in statistics, health economics, and outcomes research.
- Knowledge of economics, epidemiology, psychometrics, and medical writing.
- Experience across multiple disease areas.
- Experience with data visualization tools such as Tableau and Spotfire.
- Experience with machine learning, artificial intelligence, or predictive modeling.
Responsibilities
- Develop innovative economic modeling methodology, including parametric and/or non-parametric techniques, to support optimal access for the US portfolio.
- Align on the US external strategy to evolve payer methodology for assessing the value of Innovative Medicines.
- Serve as a modeling subject matter expert and strengthen North American economic model development capabilities.
- Support early product development and US clinical trial design, including go/no-go decisions, patient population and comparator selection, and development or adaptation of US models with Global Health Economics.
- Monitor advances in modeling methodology from academia, payers, and competitors and incorporate relevant findings.
- Assess urgent modeling requests related to the Inflation Reduction Act, including requests from ICER, and health policy evaluations in collaboration with business partners.
- Lead cost-effectiveness models, budget impact models, and systematic literature reviews with local, regional, and global teams.
- Provide modeling input to Value Story development and updates.
- Lead early-stage and post-launch economic models to inform business strategies.
- Interpret clinical study results and plan additional statistical analyses for core models and model adaptations, including indirect treatment comparisons.
- Present model results, obtain feedback, and re-analyze results with a focus on North American market needs.
- Assist in designing and executing epidemiological funnel development using in-house methodological expertise.
- Provide internal and external thought leadership to help shape the business environment and standards.
Benefits
- Company consolidated retirement plan (pension) and savings plan (401(k)), subject to plan terms.
- Eligibility to participate in the long-term incentive program.
- Vacation: 120 hours per calendar year, subject to policy and date of hire.
- Sick time: 40 hours per calendar year, with different amounts for employees residing in Colorado or Washington, subject to policy and date of hire.
- Holiday pay, including floating holidays: 13 days per calendar year.
- Work, Personal and Family Time: up to 40 hours per calendar year.
- Parental Leave: 480 hours within one year of a child’s birth, adoption, or foster care placement.
- Bereavement Leave: up to 240 hours for an immediate family member and 40 hours for an extended family member per calendar year.
- Caregiver Leave: 80 hours in a 52-week rolling period.
- Volunteer Leave: 32 hours per calendar year.
- Military Spouse Time-Off: 80 hours per calendar year.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
